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Author Topic: Which cryptocurrency is best for storing money?  (Read 2082 times)
G4R3N6
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May 22, 2019, 10:35:43 AM
 #221

I prefer to use ethereum coins, because ethereum can do price stability so that it can help raise the price of bitcoin which currently still occupies the top coins in this century. Cool
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May 22, 2019, 10:56:35 AM
 #222

i think cryptocurrency is not good to store money. You can store your money in the back. Because of cryptocurrency, there is a risk. Is it possible to lose your money. If you want to invest money for future, the best place is cryptocurrency. But be careful. there is a risk. But if you get that risk you can earn a lot of money.

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May 22, 2019, 12:23:32 PM
 #223

If we want to be able to talk about the existence of the preservation power of money, we should be able to talk about preserving its value. If we talk about this in terms of cryptocurrency, we can concentrate on the cryptocurrencies with the minimum fluctuations in value. For this I still use Veil, which also gives passive income.
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May 22, 2019, 12:45:36 PM
 #224

Is good to store money but is better for the value to increase saving money in cryptocurrency world can be best decision ever but i will advice you to select the best existing coins like ethereum and bitcoin they have strong base.

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May 22, 2019, 01:04:15 PM
 #225

The best coins are chosen like the top 10 in coinmarketcap, but if you want the best, only bitcoin is right because it is now increasing

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May 22, 2019, 01:55:05 PM
 #226

I have a cryptocurrency. I kept my money in different currencies. I use coins for payment and I'm not a trader. The situation on the cryptomarket has long been incomprehensible. I'm afraid I'm doing something wrong and I want to ask for advice.
Tell me, please, which cryptocurrency is the best for storing money? What is the best coin to choose? What do you think about this?

It would be bitcoin.
Though you can't expect a huge gain, you'll always be sure, you'll be one of the highest gainers and lose lower.
Bitcoin has performed well in every bull and bears and is one of the most trusted crypto.
It has huge buy and sell orders making it much stable than any other coins of its nature.

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May 22, 2019, 01:58:21 PM
 #227

As for me, bitcoin should be perfect for this business.  He and more stable and very well is gaining momentum for growth.  And its best to use.


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May 22, 2019, 02:06:13 PM
 #228

The most logical choice would be Bitcoin for several reasons: it currently has the largest market cap among the crypto market; it is among the most highly-traded crypto daily; it is the most adopted crypto as mode of payment in various shops and services; and majority of altcoins have it as their trading pairs.

In terms of utility, it is widely-accepted as the gold digital currency, alongside other altcoins like Ethereum and Litecoin. Also, despite volatility, Bitcoin's bullish movement is evident, and suitable for either short or long term investment. Even if other altcoins might be in red, BTC will not be directly affected. But still, you have to be smart and careful in handling crypto, keep yourself updated to foresee what might affect the market stability.
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May 22, 2019, 11:19:42 PM
 #229

I think if storing for a long period of time, it is good to store it in BTC, because bitcoin is good in a long term investment, and also bitcoin is good to store money with because of its trading volume, ranking the first and most volume coin in the market.
Same as you I really think that bitcoin is the best coin which has largest potential and it has high capacity to overcome your lose, it has higher trading value and an investment strategies, I think till now no coin has been that capable to give investors that much profit only for holding as bitcoin gives, recently bitcoin was best to buy for low price but now time to show patience for huge reward till end of 2019, bitcoin is the best.,

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May 22, 2019, 11:26:00 PM
 #230

As for me, bitcoin should be perfect for this business.  He and more stable and very well is gaining momentum for growth.  And its best to use.
good growth and Bitcoin can become Bullrun later, if Bitcoin rises chances are Altcoin will also follow up.
to choose, we must investigate and not choose the wrong one because not all Cryptocurrency is good and we must be good at choosing it.
Bitcoin is the king of coins so he is the best choice and the risk is not too big because he is stable.

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May 22, 2019, 11:29:59 PM
 #231

As for me, bitcoin should be perfect for this business.  He and more stable and very well is gaining momentum for growth.  And its best to use.
I agree when you say bitcoin is the best for this business because bitcoin has a huge price point and that means we can double up our interest pretty easy if ever bitcoins price increases however i wont agree with you when you say that bitcoin is more stable . Bitcoin is actually the most volatile type of crypto among other coins  but its not a problem at all because its high voltility can also be the reason on why it can pump too fast and too much  
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May 22, 2019, 11:42:15 PM
 #232

investing varies can indeed be a good trick to avoid total losses but it can also be a potential way to hinder your capital growth because there may be some types of coins that you choose that are detrimental and that will reduce the profits you make from good coins , therefore it is better for you to only invest in coins that have proven good, for example, bitcoin

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May 22, 2019, 11:50:01 PM
 #233

Ethereum and Bitcoin can be considered as a best way to store money but the only problem with these crypto coins is that they both have the power of either increasing in their market value or decrease. But if you are only interested in just storing your money  without getting any passive increase in its initial value then I will suggest you store your money in any of the stable coins available in the crypto ecosystem such as USDT. Such crypto coins have no depreciating factors. 
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May 22, 2019, 11:53:43 PM
 #234

Top coins are clearly best for storing the money, it is a determination of the trader which coin has a better store of value. I can suggest XLM, BTC for holding a long term but the last decision should be made by you. 
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May 22, 2019, 11:55:50 PM
 #235

I have a cryptocurrency. I kept my money in different currencies. I use coins for payment and I'm not a trader. The situation on the cryptomarket has long been incomprehensible. I'm afraid I'm doing something wrong and I want to ask for advice.
Tell me, please, which cryptocurrency is the best for storing money? What is the best coin to choose? What do you think about this?

There are only two coins I can advise anyone to keep their money as storage, because of my past experience, and that is Bitcoin and Ethereum.
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May 23, 2019, 12:00:16 AM
 #236

i think ETH,BITCOIN,LITECOIN,XRP AND ADA is best to hold your money!you can buy and hold for a long term and they will make you rich Smiley
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May 24, 2019, 01:23:31 PM
 #237

If your main goal is storage, then use stable coins, the rate of which is almost unchanged and you will always be with your money.

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May 24, 2019, 01:28:23 PM
 #238

For storing money you need to invest in bitcoin or NEM because bitcoin and NEM is very stable than another alts (My opinion), when you talking about storing, all you need is stable coin.
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May 25, 2019, 08:00:37 PM
 #239

For storing money you need to invest in bitcoin or NEM because bitcoin and NEM is very stable than another alts (My opinion), when you talking about storing, all you need is stable coin.
I don’t believe in NEM at all, this is a very dangerous investment. If you compare the coin with Bitcoin, then it definitely should be Ethereum.

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May 25, 2019, 08:25:56 PM
 #240

This is a pretty controversial question. How can we call the cryptocurrency being good or bad for storing money? I mean from my point of view, this is basically about everyone's personal opinion. How can we be objective in here?
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